Is Asaaz Scotland Ltd in compulsory liquidation?
Last verified 8 July 2026
Yes, Asaaz Scotland Ltd (company number SC395035) entered compulsory liquidation on 1 July 2026, by order of the court. Scott Graham Bastick of null was appointed as liquidator.
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Asaaz Scotland Ltd is now in compulsory liquidation. Below are the key dates, the directors, the public-record timeline that led here, and what the liquidation means if you are a creditor, employee, customer or supplier.
Company at a glance
| Status | In Compulsory Liquidation |
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| Company number | SC395035 |
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| Incorporated | 8 March 2011 (15 years old) |
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| Registered office | 50 Lindsay Circus, Rosewell, Midlothian, EH24 9EP |
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| Nature of business (SIC) | 47190: Other retail sale in non-specialised stores (Retail) |
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| Date entered compulsory liquidation | 1 July 2026 |
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| Liquidator | Scott Graham Bastick, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Asaaz Scotland Ltd is a retail business based in Rosewell, incorporated in 2011 and 15 years old when the liquidator was appointed. Its registered activity is other retail sale in non-specialised stores (SIC 47190). There have been 2 director appointments since incorporation, of which 2 were on the board when the liquidator was appointed, alongside 1 person with significant control.
Directors
2 people have been appointed as directors of Asaaz Scotland Ltd.
DirectorStatusAppointedResigned
Persons with significant control
Individuals or entities with significant influence or control.
Mr Muhammad Arif Aziz
individual person with significant control · Pakistani · United Kingdom
Ownership of shares 75-100%
What happened
EventDateType
Registered office address changed from 50 Lindsay Circus Rosewell Midlothian EH24 9EP to 14-18 Hill Street Edinburgh EH2 3JZ on 2026-07-077 July 2026AD01 Court order in a winding-up (& Court Order attachment)6 July 2026WU01(Scot)
Compulsory liquidationStatus1 July 2026
Voluntary strike-off action has been suspended15 October 2024SOAS(A)
First Gazette notice for voluntary strike-off3 September 2024GAZ1(A)
+31 earlier events · 2011 to 2024
Application to strike the company off the register22 August 2024DS01 Total exemption full accounts made up to 2024-03-317 August 2024AA Confirmation statement made on 2024-06-07 with no updates24 June 2024CS01 Total exemption full accounts made up to 2023-03-3121 December 2023AA Confirmation statement made on 2023-06-07 with no updates12 July 2023CS01 Total exemption full accounts made up to 2022-03-3128 March 2023AA Confirmation statement made on 2022-06-07 with no updates7 June 2022CS01 Total exemption full accounts made up to 2021-03-3116 December 2021AA Confirmation statement made on 2021-07-13 with no updates13 July 2021CS01 Compulsory strike-off action has been discontinued28 May 2021DISS40 Total exemption full accounts made up to 2020-03-3127 May 2021AA First Gazette notice for compulsory strike-off25 May 2021GAZ1 Confirmation statement made on 2020-07-18 with no updates24 July 2020CS01 Total exemption full accounts made up to 2019-03-3119 December 2019AA Confirmation statement made on 2019-07-18 with no updates21 August 2019CS01 Total exemption full accounts made up to 2018-03-3131 October 2018AA Confirmation statement made on 2018-07-18 with no updates18 July 2018CS01 Total exemption full accounts made up to 2017-03-3120 December 2017AA Confirmation statement made on 2017-07-18 with no updates18 July 2017CS01 Total exemption small company accounts made up to 2016-03-3126 August 2016AA Confirmation statement made on 2016-08-14 with updates18 August 2016CS01 Total exemption small company accounts made up to 2015-03-3111 December 2015AA Annual return made up to 2015-08-14 with full list of shareholders24 August 2015AR01 Total exemption small company accounts made up to 2014-03-3124 December 2014AA Annual return made up to 2014-08-14 with full list of shareholders14 August 2014AR01 Total exemption small company accounts made up to 2013-03-3115 January 2014AA Annual return made up to 2013-08-15 with full list of shareholders20 August 2013AR01 Accounts for a dormant company made up to 2012-03-3119 October 2012AA Annual return made up to 2012-08-15 with full list of shareholders17 August 2012AR01 Annual return made up to 2011-08-15 with full list of shareholders15 August 2011AR01 Statement of capital following an allotment of shares on 2011-03-0815 March 2011SH01 Incorporation8 March 2011NEWINC What this means for you
If you are a creditor
Submit your proof of debt to the liquidator. Once liquidation begins, no creditor can start or continue legal action without the court's permission. Unsecured creditors rank after secured and preferential creditors and are usually paid last, often only a portion.
Owed money by a company in liquidation →If you are an employee
Employees are preferential creditors for certain unpaid wages and holiday pay, and may be able to claim from the Redundancy Payments Service if roles are made redundant.
Employee rights and redundancy pay →If you are a customer
Deposits paid are usually unsecured claims. Contracts may be terminated by the liquidator. Contact the liquidator about outstanding work or refunds.
What customers can recover →If you are a supplier
Goods supplied before the liquidation began are an unsecured claim. Check whether any retention-of-title clause lets you identify and recover specific goods.
How retention of title works →Don't be the last to know next time
Most suppliers only find out a customer has failed once it is announced. By then it is too late. Protect monitors every company you sell to and emails you as the warning signs build, well before it becomes official. We can't stop a customer failing, but you'll never be the last to know, and you'll know you did all you could.
See how Protect works, £24/mo →Other retail companies in compulsory liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Asaaz Scotland Ltd in compulsory liquidation?
- Yes. Asaaz Scotland Ltd (company number SC395035) entered compulsory liquidation on 1 July 2026, by order of the court. Scott Graham Bastick of null was appointed as liquidator.
- Who is the liquidator of Asaaz Scotland Ltd?
- Scott Graham Bastick, a licensed insolvency practitioner at null, was appointed liquidator of Asaaz Scotland Ltd on 1 July 2026. Creditors can contact the liquidator directly to submit a claim.
- What does Asaaz Scotland Ltd do?
- Asaaz Scotland Ltd's registered nature of business is other retail sale in non-specialised stores (SIC 47190). It is classified in the retail sector.
- Where is Asaaz Scotland Ltd based?
- Asaaz Scotland Ltd's registered office is 50 Lindsay Circus, Rosewell, Midlothian, EH24 9EP. The registered office is the address held on the public register, which is not always the trading address.
- When was Asaaz Scotland Ltd founded?
- Asaaz Scotland Ltd was incorporated on 8 March 2011, 15 years before the liquidator was appointed.
- What is Asaaz Scotland Ltd's company number?
- Asaaz Scotland Ltd's registered company number is SC395035.
- Who has significant control of Asaaz Scotland Ltd?
- 1 active person with significant control over Asaaz Scotland Ltd is on the register: Mr Muhammad Arif Aziz.
- What does liquidation mean for creditors of Asaaz Scotland Ltd?
- Liquidation is the formal wind-up of a company. Once it begins, the liquidator collects assets, settles claims in statutory order (secured, preferential, then unsecured) and distributes whatever remains. Unsecured creditors often recover only a portion of what they are owed, and sometimes nothing.
- How long does liquidation take?
- Most liquidations run for 12 to 24 months, longer where the company has complex assets, litigation, or ongoing trading. Annual progress reports are filed by the liquidator until the company is dissolved at the end of the process.
- Will creditors get paid in Asaaz Scotland Ltd's liquidation?
- Secured creditors are paid from the assets they hold a charge over. Preferential creditors (employee wages up to limits, pension contributions, HMRC for certain taxes) come next. Unsecured creditors share whatever remains, which may be nothing. The Statement of Affairs, when filed, sets out the liquidator's estimate at the point of appointment.
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